The recent headline-grabbing $39 billion bid by the world’s largest mining company for the planet’s top potash producer appears to be spurring potash-hungry Chinese investment funds into action.
On the heels of BHP Billiton’s BHP unsuccessful initial takeover offer for Potash Corp. of Saskatchewan POT last month, China Mining United Fund has announced a move to more than double its treasury to $760 million. Launched just last year, it is one of China's first private mining-oriented investment funds.
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